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You can store your private keys encrypted in a safety deposit box. You can store 3 copies in 3 different banks. It only costs $15-30 per year per box.
by bufferoverflow 1y ago
You can store your private keys encrypted in a safety deposit box. You can store 3 copies in 3 different banks. It only costs $15-30 per year per box.
- beloch 1y agoThis is sensible, but how many people do it?
- acdha 1y agoThat helps, but only so much due to the inherent lack of security. We’ve already seen cases where they hold a family member hostage demanding someone turn over the keys, and you’re not getting things like duress procedures for $15/year.
- bufferoverflow 1y agoIn case of kidnapping having your money in a bank won't help you.
- acdha 1y agoHave you ever tried to withdraw a million dollars?